TF Sometimes strategies will give false signals or fail. You just have to know when to exit or when the trend is going to have a breakout.
Wow funny how as soon as you tell people about something it stops? Guess it works for forex too. My personal Money Management (for my TDI strategy account) is as follows: I trade position sizes of 10x my account size. $10,000 Balance = 100,000k position sizes. It works out that the account should bust somewhere after 6 entries. Any profit I make I withdrawal after the trade is over. And on and on I go. I probably got within a hair of busting my account today. I didnt even pick up the last entry at 0.8925 because I didnt have a 7th entry in place...
...., that "one trade" that could bust the whole work of months or years.
, uses a stop on the first, worst entry...once it goes so far against you, the first one gets knocked out with a loss (heavy),but preventing the account bust,the rest of the positions keep adding according to system....Good MM and math, should work the numbers in such a way, that having one of those uggly runs, maybe a couple of times a year, should be affordable in the whole winning strategy, as part of the business "expenses"...{quote} Yup me too this means we entered at the same time
